AMERICAN BITCOIN CORP-A (ABTC) Stock Technical Analysis
USA - NASDAQ:ABTC - US4005101039 - Common Stock
6.58 USD
-0.11 (-1.64%)
6.55 USD
-0.03 (-0.46%)
We assign a technical rating of 3 out of 10 to ABTC. ABTC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than ABTC.
ABTC is one of the lesser performing stocks in the Software industry. 90% of 281 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month ABTC has a been trading in a tight range between %RANGE_LOW% and %RANGE_HIGH%.
Although the technical rating is bad, ABTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
6.51
6.65
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ABTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABTC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ABTC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 42.48 | NEUTRAL | The RSI value for ABTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ABTC has a negative trend. |
| Stochastics (14,3) | 6.79 | OVERSOLD | The low Stochastics value suggests ABTC may be oversold. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for ABTC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.58
-0.11 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.64%
1 Week-7.45%
2 Weeks-16.6%
1 MonthN/A
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%N/A
ATR Inc-59.18%
Range Today0.27
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.05
10 Day Low6.43
20 Day HighN/A
20 Day LowN/A
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.23%
DER(5)-2.99%
Volume2.45M
Volume IncrInfinity%
Vol(5)3.10M
Vol(50)N/A